Flipkart valuation down by over ₹41,000 crore since 2022; here's reasons why — from parent Walmart to PhonePe demerger
Flipkart attributed the decline in valuation to the demerger of fintech firm PhonePe into a separate company. Sources, however, peg the current valuation of Flipkart in the range of $38-40 billion, PTI reported.
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